Innovative Competition with Chinese Characteristics. The Case of 'Made in China 2025' in Relation to the German Industry

The Chinese aspiration to accumulate modern technology has great consequences for industrialised nations. In the ‘Made in China 2025’ initiative, the Middle Kingdom aims to become the leader in technological advancement before the half of the 21st century. It is essential to perceive the Chinese economic actions motivated by this development initiative, and how this influences global competition on innovation. This study consists of a qualitative approach investigating how the Chinese economic actions motivated by ‘Made in China 2025’ influence Sino-German competition. This is investigated trough an analysis of Chinese economic actions and is supplemented by perceptions of professionals in the field through two interviews. It is found that the new competitor is welcomed by Germany, which is also reflected by substantial cooperation. However, the influence of the Chinese government negatively affects the fairness of competition on innovation with Germany. A practical implication that...Show moreThe Chinese aspiration to accumulate modern technology has great consequences for industrialised nations. In the ‘Made in China 2025’ initiative, the Middle Kingdom aims to become the leader in technological advancement before the half of the 21st century. It is essential to perceive the Chinese economic actions motivated by this development initiative, and how this influences global competition on innovation. This study consists of a qualitative approach investigating how the Chinese economic actions motivated by ‘Made in China 2025’ influence Sino-German competition. This is investigated trough an analysis of Chinese economic actions and is supplemented by perceptions of professionals in the field through two interviews. It is found that the new competitor is welcomed by Germany, which is also reflected by substantial cooperation. However, the influence of the Chinese government negatively affects the fairness of competition on innovation with Germany. A practical implication that derives from this is that screening of acquisitions by the German government is a solution to tackle Chinese government influence aimed at attaining knowledge. Further research can focus on which approaches are efficient for screening acquisitions. Show less

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Innovative Competition with Chinese Characteristics. The Case of 'Made in China 2025' in Relation to the German Industry